Cyberabad Special Teams Arrest 13 UPI Fraudsters in Rs 4 Cr Scam

Hyderabad: In a joint operation, Cyberabad police arrested a 13-member inter-state gang involved in a Rs 4-crore UPI fraud a major seller of consumer durables, from Rajasthan on Sunday.

The Shamshabad central crime station (CCS) team, along with KPHB, Madhapur and Narsingi police which detected and apprehended the gang, seized Rs 1.72 lakh in cash and electronic goods worth Rs 50 lakh from their possession.

The accused, brought to the city on Monday, were identified as Sunil Lakhram, Shivalal, Pappu Ram, Rakesh, Ashok Kumar, two persons each named Ramesh and two named Som Raj and Somraj and three persons named Shrawan and Shravan. They were wanted in 10 fraud and cheating cases across Hyderabad, Rachakonda and Cyberabad commissionerates, police said.

Cyberabad DCP K. Narsimha said that the gang would purchase electronic goods at the showrooms of the consumer durables chain and share the UPI scanner with an accomplice in Rajasthan for payment. The accomplice in Rajasthan would complete the transfer money to the showroom. After taking delivery of the goods, the accomplice would file a chargeback complaint with the bank, reversing the transaction and refunding the money to the gang’s account.

“The gang operated in groups, with some members staying in Hyderabad and others in Rajasthan,” the DCP said. They would sell the goods and divide the money.

Cyberabad police commissioner Avinash Mohanty appreciated the effort of the special team in arresting the gang.